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How the optimal decision changes as the bid cost

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Reference no: EM131641725

Question: In the Sci Tools example, use a two-way data table to see how (or whether) the optimal decision changes as the bid cost and the company's production cost change simultaneously. Let the bid cost vary from $2000 to $8000 in increments of $1000, and let the production cost vary from $90,000 to $105,000 in increments of $2500. Explain your results.

Reference no: EM131641725

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